Current:Home > MarketsKevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure -WealthRoots Academy
Kevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure
Indexbit Exchange View
Date:2025-04-10 00:03:11
BALTIMORE (AP) — Kevin Spacey’s $5.6 million waterfront condominium in Baltimore has been sold at auction amid the disgraced actor’s financial struggles following a slew of sexual misconduct allegations.
Last summer, a London jury acquitted Spacey on sexual assault charges stemming from allegations by four men dating back 20 years. That was his second court victory since he saw off a $40 million lawsuit in 2022 in New York brought by “Star Trek: Discovery” actor Anthony Rapp.
But Spacey said in an emotional interview with British broadcast host Piers Morgan last month that he was millions of dollars in debt, largely because of unpaid legal bills, and facing foreclosure on the Baltimore property.
Spacey moved to the Baltimore area when he started shooting the hugely popular political thriller “House of Cards” there in 2012. Speaking through tears during the interview, Spacey said he would have to go back to Baltimore and put all his things in storage. He said he nearly had to file for bankruptcy a couple times but managed to dodge it.
His luxury condo on Baltimore’s Inner Harbor sold at auction Thursday morning for $3.24 million, according to the auctioneer’s website. It sits on a floating pier and boasts six bedrooms, seven full baths, an elevator, sauna, home theater, rooftop terrace, multiple verandas and a four-car garage.
A small group of potential buyers gathered on the steps of the downtown Baltimore Circuit Court building and made their bids, according to local media reports. The suggested opening bid was $1.5 million.
The winning bidder was acting as proxy for a real estate developer and local businessman whose identity hasn’t been disclosed, The Baltimore Sun reported.
During tearful testimony in a London courtroom last summer, Spacey denied the allegations against him and told the jury how they had destroyed his acting career as the #MeToo movement gained momentum in the U.S.
veryGood! (5386)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- The Best Mother's Day Gifts for the Most Paw-some Dog Mom in Your Life
- Alabama committee advances ban on LGBTQ+ pride flags in classrooms
- White House considers welcoming some Palestinians from war-torn Gaza as refugees
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Bill Romanowski, wife file for bankruptcy amid DOJ lawsuit over unpaid taxes
- Dave & Buster's to allow betting on arcade games
- George W. Bush’s portraits of veterans are heading to Disney World
- Tom Holland's New Venture Revealed
- 6-year-old girl goes missing along Michigan river where 7-year-old drowned the day before
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- St. Louis school district will pay families to drive kids to school amid bus driver shortage
- Tesla lays off charging, new car and public policy teams in latest round of cuts
- The Best Mother's Day Gifts for the Most Paw-some Dog Mom in Your Life
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Why Maria Georgas Walked Away From Being the Next Bachelorette
- The Ultimatum's April Marie Is Pregnant, Expecting Baby No. 2 With Cody Cooper
- Alabama committee advances ban on LGBTQ+ pride flags in classrooms
Recommendation
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Celebrate May the 4th with These Star Wars Items That Will Ship in Time for the Big Day, They Will
Police fatally shoot a man who sliced an officer’s face during a scuffle
Los Angeles train crashes with USC shuttle bus, injuring 55; 2 people critical
Sam Taylor
9-year-old's heroic act saves parents after Oklahoma tornado: Please don't die, I will be back
The Daily Money: Will the Fed make a move?
'An Officer and a Gentleman' actor Louis Gossett Jr.'s cause of death revealed